Description: Nobody seems to have any clue at this point about the degree of the damage already done in the current banking crisis or whether there are more shoes to drop. The knock-on effects from Silicon Valley Bank to First Republic Bank are now obvious, but the investor fear, whether rational or not, is spreading.

Source: Financialpost.com

Date: Mar 21, 2023

Link: https://financialpost.com/investing/banking-crisis-will-be-no-picnic

Questions for discussion:

• Summarize the key points presented by David Rosenberg.
• Do you agree with his analysis and thinking?
• What would you advise investors do at this time?